Latest News
The latest energy, maritime and bunker industry news worldwide.
Latest News
The latest energy, maritime and bunker industry news worldwide.
Keeping You Informed
Ship Recycling Markets Maintain Their Resilience
The ship recycling markets were stable over the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian recycling market
Suez Canal container ship transits exceed 50% of pre-disruption levels
“During the first two weeks of October, weekly container ship capacity transiting the Suez Canal averaged 753k TEU, according to Clarksons Research, compared with 1,457k TEU during the same period
Black Sea Steel Flows Weaken as Shipping Risks Rise
Recorded Black Sea steel loadings declined sharply in Q3 2026. Volumes, including scrap, fell 65.6% y/y to 0.65 Mt across 51 voyages, compared with 129 in Q3 2025. The year-on-year
Newbuilding Activity Going From Strength to Strength
Newbuilding activity has remained rather strong over the past week. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity this week was spread across the bulk carrier,
The Confidence To Act: Why R&D And Lifecycle Support Are The Real Enablers Of Fleet Decarbonisation
Ship owners are at a crossroads. They are being asked to make long-term capital commitments in conditions of genuine uncertainty. Many of the fuels needed to comply with environmental regulations
Record-breaking tanker rates pile pressure on already high fuel prices
Oil tanker markets sit at the centre of geopolitical turmoil, and this year that has translated into record-breaking freight rates as the conflict in the Middle East drags on. Tankers
Diesel Availability a Boost for Product Tankers
The clean tanker trade is reaping the benefits of the latest developments in the diesel market. In its latest weekly report, shipbroker Intermodal said that “the diesel market saw a
Connecting maritime digitalisation to process
While the technology needed to digitalise maritime operations is already here, much remains to be done to ensure organisations and their people are equipped to use it effectively, according to
Lower container rates are not a return to predictable service, Sogese says
Lower container rates into Europe should not be mistaken for a return to predictable service, according to Sogese, an Italian container logistics provider, in its October Europe Container Market Update.